[QUOTE=Der Trihs]
Forming a monopoly and massively raising prices. : Why do you think anti monopoly laws were made ? Look at OPEC; it’s the same principle.
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At least, you don’t have to look far for that one: http://www.straightdope.com/columns/040903.html
And Bill Hicks did a joke about arsenic childhood food, so that MUST be true.
[QUOTE=col_10022]
Someone once talked about enlightened self interest as the cornerstone of capitalism. Humans are capable of enlightened self interest, corporations much less so.
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The law typically views a corporation as an entity, a legal person, and it’s true, they act just like natural persons. The only problem is the fictional persons are all sociopaths.
[QUOTE=Sage Rat]
And still, one would have to argue that 90% of things like the environment or any (supposed) disappearance of little companies are equally an issue of complaisance on the part of the populace, so that presenting it as an Us vs Them issue is rather shortsided for half the population to be making.
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If the Bush Administration allows power plants to ignore the law that says better scrubbers have to be installed when rennovation above a certain level is done, how do the people fight this - besides suing or kicking the rascals out?
You really should read The Jungle, or a book on the Triangle Fire to see what things were like when we had a truly capitalist society. Many of the deaths in the Triangle fire were a result of the company locking the women in. You might remember the stories a while back about WalMart locking employees in overnight. I don’t think human nature has changed all that much in 100 years.
[QUOTE=Voyager]
You really should read The Jungle, or a book on the Triangle Fire to see what things were like when we had a truly capitalist society. Many of the deaths in the Triangle fire were a result of the company locking the women in. You might remember the stories a while back about WalMart locking employees in overnight. I don’t think human nature has changed all that much in 100 years.
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There have been more fires like that where people died because the company locked the workers in and burned to death; not just 100 years ago. For example, Imperial Food Products had it happen in 91.
Speaking of people burning to death: The Ford Pinto story.
[QUOTE=Voyager]
You really should read The Jungle, or a book on the Triangle Fire to see what things were like when we had a truly capitalist society. Many of the deaths in the Triangle fire were a result of the company locking the women in. You might remember the stories a while back about WalMart locking employees in overnight. I don’t think human nature has changed all that much in 100 years.
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[QUOTE=Sage Rat]
Small businesses very rarely drive innovation (and those that do are generally purchased and expanded by the larger corporations.)
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WTF? I’d say that small business drives innovation, and then often gets big or bought as a result. Yes, I could cite examples of big business and innovation, but tell me, which large corporation invented the telephone? The electric light? The phonograph? The radio? The Apple computer? The automobile?